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<ul><li>Macquarie Group's acquisition of the Esanda AUD 7.8 billion finance portfolio from Australia and New Zealand Banking Group adds to the company's lending operations, which generate lower earnings volatility than the company's market-facing business units.</li><li>Macquarie Group also raised profit guidance for first-half fiscal 2016 from 40% to 55% above the AUD 678 million in first-half 2015, as a result of an earlier than expected recognition of performance fees and stronger trading conditions</li><li>The acquisition requires AUD 800 million in equity capital, which is from an AUD 400 million institutional placement, share purchase plan and existing capital.</li><li>The institutional placement was completed at AUD 80 per share which was a 2.8% premium on the last traded price.</li></ul>Analysts: David Ellis &amp; Adrian AtkinsFull report below the fold...

Macquarie Group's acquisition of the Esanda AUD 7.8 billion finance portfolio from Australia and New Zealand Banking Group adds to the company's lending operations, which generate lower earnings volatility than the company's market-facing business units.Macquarie Group also raised profit guidance for first-half fiscal 2016 from 40% to 55% above the AUD 678 million in first-half 2015, as a result of an earlier than expected recognition of performance fees and stronger trading conditionsThe acquisition requires AUD 800 million in equity capital, which is from an AUD 400 million institutional placement, share purchase plan and existing capital.The institutional placement was completed at AUD 80 per share which was a 2.8% premium on the last traded price.Analysts: David Ellis &amp; Adrian AtkinsFull report below the fold...

Macquarie Group Acquires Dealer Finance Portfolio and Upgrades Guidance Again